Cost of Living in New Martinsville, WV

Population 5,175 · West Virginia · Data vintage 2023

44
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives New Martinsville a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $113,000. Unemployment has stayed elevated relative to the national figure — 6.4% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 70 miles southwest of Pittsburgh, New Martinsville is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 42% lower than Pittsburgh's $193,000.

Cost Overview

Housing 37
Rent 55

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in New Martinsville

The median home value in New Martinsville is $112,600 — 63% below the national median of $305,000. Median rent runs $718/month, 45% lower than the national median of $1,314/month. The median household income of $51,226/year is 31% lower than the US median of $74,580. The local unemployment rate is 6.4%, above the national average of 4.8%. West Virginia's top state income tax rate is 6.5% and the combined sales tax is 6.4%. The climate averages highs of 64.8°F and lows of 43.7°F. Overall, New Martinsville has a cost of living index of 44 versus the US average of 100, meaning it is 56% less expensive.

🏠 Housing

Median Home Value
$112,600
63% below avg
Zillow Home Value
$557,308
Zillow ZHVI
Median Rent
$718/mo
45% below avg
Price-to-Rent Ratio
13.1x
Favors buying
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$658
1 BR
$729
2 BR
$883
3 BR
$1,182
4 BR
$1,304
Owner-occupied 75.7%
Renter-occupied 24.3%

💰 Estimated Monthly Budget

Rent median rent
$718
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,332/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
18.6 min
31% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.9%

Commute Mode

Drove alone
83.1%
Carpooled
5.8%
Public transit
0.3%
Walked
7.6%
Work from home
2.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 6.5%
Total Sales Tax 6.4%
State rate 6.0%
Avg local rate 0.4%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$51,226
31% below avg
Per Capita Income
$27,036
Unemployment Rate
6.4%
32% above avg
Poverty Rate
18.8%
Labor Force Participation
49.5%

🎓 Education

Bachelor's degree+ 11.7%
Graduate degree 5.2%

👥 Demographics

Median Age 44.2
Male median age 43
Female median age 45.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.8°F
Avg Low
43.7°F
Annual Precip
42.5"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404454677582858579675544
Low °F 242633425260646255443528
Precip" 3.273.113.673.624.174.444.453.383.182.982.883.36

🏫 Schools

NCES CCD 2019 — public school district data

94%
4-Year Graduation Rate
10.3:1
Student-teacher ratio
9
Public schools
2,459
Total enrollment

Frequently Asked Questions

What is the cost of living in New Martinsville, WV?

New Martinsville has a cost index of 44 (100 = national average). It is 56% below the national average.

What is average rent in New Martinsville, WV?

The median gross rent in New Martinsville is $718 per month based on 2023 Census data.

What is the average home price in New Martinsville?

The median home value in New Martinsville is $112,600 according to Zillow and Census data.

What is the median income in New Martinsville?

The median household income in New Martinsville is $51,226 per year (2023 ACS 5-year estimates).

What is the sales tax in New Martinsville, WV?

The combined state and local sales tax rate in New Martinsville is 6.4%. The West Virginia state income tax top rate is 6.5%.

Is New Martinsville, WV affordable?

Yes, New Martinsville is generally considered affordable, with a cost of living index of 44 — about 56% below the US national average of 100.

What is the weather like in New Martinsville?

New Martinsville has average high temperatures of 64.8°F and average lows of 43.7°F. Annual precipitation is 42.5". Data from NOAA 1991–2020 Climate Normals.

New Martinsville at a Glance

Population
5,175
Median Income
$51,226
Home Value
$112,600
Median Rent
$718/mo
Unemployment
6.4%
Avg High Temp
64.8°F
Sales Tax
6.4%
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